Cholamandalam Investment & Finance Raipur Credit Manager Salaries by 7 Employees

8 - 12 years exp.

₹3.4 Lakhs - ₹7.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% less than the average Credit Manager Salary in Financial Services Companies for 8 - 12 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 8 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹7.5 L/yr
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BFSI, Investments & Trading Credit Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.8 L/yr

Last Updated: 24 Feb 2024

Companies similar to Cholamandalam Investment & Finance for Credit Manager in Raipur

Cholamandalam Investment & Finance Credit Manager Salary

8 - 12 years exp. (7 salaries)

₹3.4 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Shri Ram Finance Corporation Credit Manager Salary 1 - 10 years exp. (11 salaries)	₹2 L/yr - ₹5 L/yr 43% less
DCB Bank Credit Manager Salary 4 - 10 years exp. (6 salaries)	₹4.7 L/yr - ₹9.2 L/yr 15% more	3 job openings
Login to view exact salary
IndusInd Bank Credit Manager Salary 8 - 10 years exp. (5 salaries)	₹7.3 L/yr - ₹8.2 L/yr 39% more	7 job openings
Jana Small Finance Bank Credit Manager Salary 6 - 10 years exp. (4 salaries)	₹5.6 L/yr - ₹7.5 L/yr 6% more
IDBI Bank Credit Manager Salary 7 - 8 years exp. (3 salaries)	₹17 L/yr - ₹23.9 L/yr 224% more

Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹3.4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Credit Manager salaries in Raipur

Last Updated: 24 Feb 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
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10 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
12 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr

From

Credit Manager

2 - 12 years exp.

Area Credit Manager

6 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Cholamandalam Investment & Finance

Area Credit Manager Salary

(6 salaries)

₹9.5 L/yr - ₹15.2 L/yr

Top skills at Cholamandalam Investment & Finance for Credit Manager

Training

Salary related reviews for Cholamandalam Investment & Finance

Rated by 1 employees for salary & benefits

Relationship Manager in Ranchi

Full Time

Finance & Accounting Department

1.0

• posted on 01 Oct 2024

1.0

for Salary and Benefits

Likes

There is literally nothing to like about Cholamandalam Investment & Finance.

Dislikes

...They'll just force you everytime for no reason, company is full of backstabbers. Not even paid my Bonus Amount for this financial year, after mailing me the details with entire amount, they kept the money.

Salary - Bad

+6 more

Area Credit Manager in Barwani

Full Time

Finance & Accounting Department

4.0

• posted on 01 Sep 2024

5.0

for Salary and Benefits

Likes

Friendly nature with seniors and employes .Good salary benifits and incentive structure. Skill development and time to time learning module.

Salary - Excellent

+5 more

Dislikes

Office work timing not fixed. We have not sufficient time for family

Work-life balance - Poor

Credit Analyst in Jaipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

Good company as compare to other NBC Salary is not as level No work life balance You have to work for 24 hr Join office early at 9 am leave office after 8 pm After that they will call you at home to work from home after 8pm Very bad working culture specially if you are working in unsecured loan department that is CSEL DEPARTMENT

Dislikes

Please don't join in CSEL in cholamandalam investment and finance company

Skill development - Poor

+2 more

Officer in Mysuru / Mysore

Full Time

Finance & Accounting Department

5.0

• posted on 21 Dec 2023

2.0

for Salary and Benefits

Likes

I am always like chola

Skill development - Excellent

+2 more

Dislikes

... to give promotion to the employees who have worked for many years in our Chola. Again, he failed to increase the salary. Some managers use bad words.

Salary - Poor

+3 more

Officer in Mp3

Full Time

Other Department

2.0

• posted on 18 Feb 2024

2.0

for Salary and Benefits

Likes

... any executive to move any other company. Also not give promotion to executive. Only they increase salary by 500-1300 yearly only after they get to know, you think yo switch other company.

Dislikes

Same as above. Not recommended if you are futuristic and need growth in career.

Salary - Poor

+4 more

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Cholamandalam Investment & Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Cholamandalam Investment & Finance in Raipur?

The average salary of a Credit Manager at Cholamandalam Investment & Finance in Raipur typically ranges from ₹3.4 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Credit Manager in Raipur at Cholamandalam Investment & Finance earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Credit Manager Salaries at Cholamandalam Investment & Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Cholamandalam Investment & Finance employees in India.

What is the estimated take home salary of a Credit Manager at Cholamandalam Investment & Finance in Raipur?

The estimated take-home salary of a Credit Manager at Cholamandalam Investment & Finance in Raipur typically ranges from ₹44,541 to ₹45,638 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 8 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Manager at Cholamandalam Investment & Finance in Raipur?

Training is a popular skill required to work as a Credit Manager at Cholamandalam Investment & Finance.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Credit Manager in India?

IDBI Bank	₹17.0 Lakhs to ₹23.9 Lakhs per year
IndusInd Bank	₹7.3 Lakhs to ₹8.2 Lakhs per year
DCB Bank	₹4.7 Lakhs to ₹9.2 Lakhs per year
Jana Small Finance Bank	₹5.6 Lakhs to ₹7.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam Investment & Finance, depending on the role and experience level.

What is the salary of a Credit Manager in companies similar to Cholamandalam Investment & Finance in Raipur?

The salary of a Credit Manager at companies similar to Cholamandalam Investment & Finance in Raipur varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shri Ram Finance Corporation

₹2.0 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Credit Manager at Cholamandalam Investment & Finance in Raipur?

The salary growth for a Credit Manager at Cholamandalam Investment & Finance in Raipur depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Raipur can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience	Average Salary Range
8 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
9 years	₹5.7 Lakhs to ₹7.2 Lakhs per year
10 years	₹5.8 Lakhs to ₹7.5 Lakhs per year
11 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Credit Manager Salaries in Raipur

Cholamandalam Investment & Finance Credit Manager salary in Raipur ranges between ₹3.4 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.